InMobi Secures USD 100 Mn Debt Financing from MARS Growth Capital to Fuel AI Development and Acquisitions Founded in 2007 by Naveen Tewari, Mohit Saxena, Amit Gupta, and Abhay Singhal, InMobi operates through its two core businesses, Glance and InMobi Advertising.

By Entrepreneur Staff

You're reading Entrepreneur India, an international franchise of Entrepreneur Media.

Naveen Tewari, CEO & Founder, InMobi & Glance

InMobi, a leader in mobile advertising network software, has announced the raising of USD 100 million in debt financing from MARS Growth Capital, a joint venture between MUFG and Liquidity Group.

This new funding will propel InMobi's AI development and fund potential acquisitions in the AI space, further solidifying its role in the rapidly evolving tech landscape.

Founded in 2007 by Naveen Tewari, Mohit Saxena, Amit Gupta, and Abhay Singhal, InMobi operates through its two core businesses, Glance and InMobi Advertising. Glance, an AI-powered content discovery platform, delivers personalised content directly to users' smartphones, enhancing user interaction. InMobi Advertising, on the other hand, leverages AI to deliver impactful, data-driven media solutions that allow brands to connect more effectively with their target audiences.

InMobi's global reach extends to over 165 countries, where it enables businesses to drive user acquisition and engagement across mobile platforms. Headquartered in Singapore, the company also has a significant presence in San Francisco and operates worldwide.

Naveen Tewari, CEO of InMobi, said, "AI is the bedrock of both InMobi's consumer and enterprise businesses, and we are using it to power the revolutionary lock screen experiences and InMobi Advertising's platforms. We are reimagining how ads can be made truly native by driving superior engagement and outcomes for consumers, advertisers, and publishers," said Naveen Tewari, CEO of InMobi."

Ron Daniel, Co-founder of Liquidity Group and CEO of MARS Growth, expressed enthusiasm about the partnership: "This financing will help fuel InMobi's next phase of AI-led growth." Similarly, Navas Ebin, Head of APAC at MARS Growth Capital, noted that InMobi is well-positioned to capitalise on AI's potential in the consumer and advertising tech space.

Entrepreneur Staff

Entrepreneur Staff

Editor

For more than 30 years, Entrepreneur has set the course for success for millions of entrepreneurs and small business owners. We'll teach you the secrets of the winners and give you exactly what you need to lay the groundwork for success.
Business Ideas

70 Small Business Ideas to Start in 2025

We put together a list of the best, most profitable small business ideas for entrepreneurs to pursue in 2025.

Business News

Walmart Is Laying Off 1,500 Corporate Employees: 'Reshaping Our Structure'

The layoffs affect Walmart's global technology, advertising, and e-commerce teams.

Thought Leaders

Why Dubai Is the Next Global Haven for Entrepreneurs and the Ultra-Wealthy

I moved to Dubai 16 years ago to build something real. Here's my journey and the city's role in shaping my success.

Marketing

How to Get Your First 1,000 Email Subscribers (The Smart Way)

Here's a step-by-step system for startup founders to build their first 1,000 engaged email subscribers — without guesswork or gimmicks.

News and Trends

Vivek Oberoi Acquires 21% Stake in Rutland Square Spirits

"India's rich tea heritage will now meet Scotland's time-honoured spirits tradition," said Oberoi. "This project is an exciting bridge between two economies and cultures."

Management

What No One Tells You About Becoming CEO — Or Guiding One

Leadership is hard, and transitions to CEO are even harder. Even great CEOs stumble if not supported by the board during their psychologically difficult transition.